Omar Elsahy

how can we measure the size of the shadow market in egypt ?

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Attention all supply chain & logistics professionals.We are creating a stealth product that is set to revolutionize the supply chain industry & supply chain financing and we are on the look out for businesses with different sizes and supply chain professionals who can be early adopters for our product and join us co-create this groundbreaking software product. By participating, you'll have the exclusive opportunity to shape the future of the industry and unlock new levels of reliability and scalability for your business and the supply chain industry. There are a limited number of seats available for businesses and individuals, so make sure to fill out the form today to secure your spot to be at the forefront of innovation and building more efficient and reliable logistics network. https://lnkd.in/eQxNYTsM #SupplyChain #Logistics #Innovation #Tech #EarlyAdopters #SupplyChainFinance #JoinUs #LimitedSpots #FutureOfLogistics #LogisticsTech

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My article today in Aletihad newspaper about "Graphene: A Key Player in the Future of Technology and the UAE's Vision" Translation: Discovered in 2004, graphene is an ultra-thin material composed of carbon atoms, with applications across various industries, including electronics, medicine, and aviation. It is renowned for its exceptional electrical conductivity, strength, and flexibility. Although large-scale production remains challenging, ongoing research highlights graphene’s growing role in energy storage, smart technologies, and advanced sensors. Graphene plays a pivotal role in the development of the semiconductor industry, as it enables faster electron transfer compared to silicon and contributes to the production of smaller, faster, and more energy-efficient transistors. These advancements enhance chips used in smartphones, quantum computing, and artificial intelligence. Additionally, graphene’s flexibility supports new applications in wearable devices and foldable electronics. As the semiconductor industry evolves beyond silicon, graphene stands out as a strong candidate to address challenges related to miniaturization and heat dissipation. Its integration is expected to lead to devices with longer-lasting batteries, higher performance, and reduced environmental impact, meeting the increasing demand for AI, data centers, and smart infrastructure. The United Arab Emirates (UAE) aims to become a global leader in the semiconductor industry, aligning with its economic diversification goals under the UAE Vision 2030. The country is investing in advanced research and modern technologies while building a comprehensive semiconductor ecosystem. Local universities are working on graphene-based solutions to enhance the UAE’s competitiveness in the field. These efforts reflect the UAE’s strategy for sustainable innovation and economic resilience. By linking graphene research to broader industrial and technological goals, the country is positioning itself as a global hub for advanced industries. Graphene-based semiconductors support smart city initiatives, renewable energy, AI advancements, the Internet of Things (IoT), and autonomous vehicles, facilitating the transition from an oil-based economy to a diversified, knowledge-driven economy. Graphene’s ability to tackle challenges in thermal efficiency, energy consumption, and circuit miniaturization gives the UAE a competitive edge in producing advanced chips for global markets. Furthermore, investments in research institutions and partnerships with international research centers enhance the UAE’s capacity for continuous innovation. These initiatives attract global talent, support local startups, and promote technology transfer, strengthening the UAE’s position in global supply chains. With breakthroughs in commercial-scale graphene manufacturing on the horizon, the UAE’s proactive investments ensure its leadership role in the future of the semiconductor industry.

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🔴 #Khartoum, Sudan’s business hub, was extremely damaged by the ongoing war on 15 April 2023, leading to a mass exodus from the city in a reverse migration movement to safer states in the far East and North, and across the borders to neighboring countries. Many businesses relaunched their businesses in the new places they relocated to, which proves resilience, high agility and adaptability. ↘️The economy in Sudan has shrunk by 40% since the war, state revenue has dipped by over 80 percent as per ministry of finance, it also disrupted agri-processing businesses and the industrial sector as a whole, leading to the creation of a huge gap of products in the market that is currently bridged by increased imports from neighboring countries such as #Egypt and #Ethiopia. 📢In this research study and supported by Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH Sudan, the team trying to understand the challenges and opportunities faced by Sudanese-owned businesses forced to relocate due to the ongoing conflict in #Sudan. Our research focuses on businesses that have relocated to key cities, including #PortSudan, #Kassala, the #Northern_State, #Cairo, #Kampala, #GCC region ..etc through online/offline data collection and semi-structured experts interviews. ⭐The #objectives of our research is to explore how entrepreneurs & businesses are adapting to new markets, the barriers they face, and the opportunities they are uncovering. Additionally, we are incorporating behavioral insights to better understand the decision-making processes, risk perceptions, and strategies MSME owners use during times of crisis. The study will be published publicly as well to inform decision makers & allow to build structured support programs. Feel free reaching out to provide your insights, inputs and collaboration opportunities. Please also share the below Study link for business owners to fill and share their experience so far. #249Startups #Sudan #Africa

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By utilizing both diplomatic and economic instruments, economic diplomacy increases a country's wealth. Violence impedes progress, whereas peace promotes stability, foreign investment, and economic prosperity. Higher GDP growth, lower interest rates, and lower inflation are all correlated with long-term peace. Setting peace as a top priority alongside prosperity encourages collaboration and long-term development. See Article below https://lnkd.in/dmPp7zWm #EconomicDiplomacy #PeaceAndProsperity #DiplomacyInAction #WealthThroughDiplomacy #StabilityEqualsGrowth #InvestInPeace #ProsperityThroughCollaboration

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In 2020, Libya gave birth to its most successful startup. It grew to over 24,000 drivers, 18,000 orders daily, in only a few years. This was the work of Ammar Hmid and his statup Presto . After studying management strategy in the U.K., he returned to Tripoli, eager to replicate the tech-driven startup culture he saw abroad. But Libya wasn’t ready. ↳ Political unrest ↳ Economic instability ↳ Lack of infrastructure There seemed to be no room for innovation. Fast forward to 2020, and the country began stabilising. Ammar spotted a gap: the need for a reliable, on-demand delivery service. Today, Presto is Libya’s most funded startup and the second-largest delivery company in North Africa, right behind Glovo. Here’s how they disrupted the market: 🟧1/ Don’t fight local norms; work with them. Nearly 85% of Libya’s workforce are employed by the state. Rather than compete with this, Presto hired part-time delivery drivers with government jobs. He built a large fleet while keeping costs down. → Takeaway: If your market has unique constraints, adapt your business model to fit those realities. 🟧2/ Create workarounds for infrastructure gaps. Libya’s fragile banking system made digital payments unreliable. So, Presto set up cash exchange points across cities where drivers could drop off cash payments. This ensured smooth and immediate transactions, even if unconventional. 🟧3/ You don’t need to be a tech expert to launch a tech startup Ammar didn’t have a technical background when he started Presto. Initially, he outsourced app development to an Indian firm. Over time, he built a local team of developers from Libyan universities. Presto now has 20 in-house engineers, some of whom helped develop government systems. →Takeaway: Outsource if needed, but plan for local expertise. 🟧4/ Leverage the gig economy Presto has over 24,000 delivery drivers in Libya, more than double the number Glovo has across six African countries. Despite working part-time, their sheer volume allows for dominance in the delivery market and offers q-commerce. → Takeaway: Build scale by tapping into gig workers. 🟧5/ Don’t hesitate to introduce something new. The Libyan market had never seen a service like Presto. Delivery services were almost non-existent, and ordering food or groceries via apps was unheard of. Presto created demand where there was none. If you solve a real problem, the market will respond—even if it seems underdeveloped at first. --- With operations in four Libyan cities, Ammar’s team aims for expansion into Tunisia and Morocco by 2025, striving to become North Africa’s dominant delivery player. His story shows that even in extreme environments, opportunities exist for those who are willing to adapt, learn, and build creatively. What did you take away from his journey?

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As I continue to share insights on investments in the MENA region, today’s spotlight is on an EdTech project. Educatly, an Egyptian EdTech startup, has successfully raised $2.5 million in a Seed funding round. The round was led by TLcom Capital LLP and Plus VC (+VC), with participation from Egypt Ventures and the HBAN syndicate. This isn't Educatly's first investment success. Back in 2021, the startup secured $1 million in a pre-Seed round from Falak Startups, Enterprise Island, and a group of angel investors. Founded in 2020, Educatly is on a mission to help students navigate their career paths by providing AI-powered insights into universities and internships worldwide. The platform connects over 1,100 universities across 90 countries, making it a key player in global education. With this new round of funding, Educatly plans to scale to new markets and enhance the quality of its offerings. What’s your take on the growing interest in EdTech in the MENA region? Let’s discuss in the comments.

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Challenging times often breed the most innovative solutions. I truly believe that entrepreneurship thrives in the face of adversity! Across the MENA region, and especially here in Egypt, we've witnessed how economic downturns – like those during the Arab Spring – can actually spark a surge in entrepreneurial activity. Why is this? 🚀 Necessity is the mother of invention: When traditional employment opportunities become scarce, individuals are driven to create their own. 🔎 Gaps in the market become apparent: Crises expose weaknesses in existing systems, creating opportunities for entrepreneurs to offer new and improved solutions. 💪🏼A spirit of resilience takes hold: People are motivated to overcome challenges and build a better future, and entrepreneurship offers a powerful avenue to do so. On the latest episode of the 🎙️The Shawaly Show🎙️ I delve deeper into this phenomenon, exploring the specific ways economic challenges have fueled entrepreneurial growth in Egypt. We discuss inspiring success stories, the unique challenges faced by entrepreneurs in our region, and the resources available to support them. Link in first comment 👇🏼 Moses Shawaly #entrepreneurship #crisis #innovation #resilience #ShawalyShow #Egypt #MENA #economicopportunity #inspiration"

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Struggling to choose the right IT partner for your business? Discover how selecting a certified Microsoft partner can transform your operations. Whether you're a small business or a large enterprise in Egypt, leverage the expertise of top Microsoft partners like GBG for seamless, efficient, and secure IT solutions. 🚀 Learn more: https://lnkd.in/ddvf8rbJ #gbg_powering_transformation #ITServices #MicrosoftPartner #BusinessGrowth #Egypt

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500 Global has been one of most active early-stage fund in the MENA region, and we are really excited to announce the startups in our batch 7 Sanabil Investments 500 Global MENA Seed Accelerator Program Quick facts: - Many fintech, ag/ food tech, prop tech and AI companies; - Over 65% of the batch have at least 1 woman co-founder, yes 8 out of the 12 companies!! - This batch is particularly robust, featuring a founder who has received investment from 500 Global before, having sold his first venture to Careem (MENA's largest tech startup success story), and another who was a founding partner at one of the region's most prominent VC funds, Raed Ventures cc: Jon Edward Santillan Jassim Alharoon Interested in investing in the region and the companies? Ask us about the DEMODAY on May 29th in Riyadh. Agile Loop: A self-learning AI that listens to users, learns their tasks, and operates computers on their behalf. Comfi Payments: Frees up cash flow for B2B suppliers by paying them upfront while offering flexible payment terms for their buyers Desert Farms® : A D2C baby formula that delivers the superfood benefits of Camel Milk. doos دووس Doos: app that delivers your daily needs and wants with premium experience in less than 30 minutes فَيّ - Fai: An easy solution that automates tax management for SMEs and individuals, to ensure compliance. Metric: A financial analytics app that helps business owners make better decisions by organizing their scattered financial data into actionable insights. MLnetworks: Helps Telcos to design, operate and optimize their networks more intelligently through an end-to-end data platform. Octa: A one-click automated invoice collection process helping B2B companies get paid on time. PoultrySync: A genetics-to-table AI-powered platform to comply with safety regulations and boost profits for poultry producers. @reno home - https://www.renohome.ae/ : Digital platform enabling homeowners make dream homes a reality by simplifying and managing the whole renovation process. Sav: An inclusive platform helping consumers spend and save smarter through gamified personalized journeys. Sweply - سويبلي: Makes it simple to create, manage, and analyze digital marketing campaigns on multiple platforms from one place. Amal Dokhan Abdulrahman AlJiffry Daif Alrajhi Reem Khamis Mohammad Khdair, CMA Amal Binjurays Fahad Alharbi Alaa Ibrahim Anais-Amber Samaha Courtney Powell Christine Tsai

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Egypt's Efforts to Boost Business Incubators and Startups. Egypt is advancing innovation, entrepreneurship, and economic stability by supporting business incubators and startups. Key efforts include policy reforms, financial support, and the growth of incubators and accelerators. Policy and Regulation: Simplified Business Registration a- One-Stop Shops: Streamlined registration processes. b- Online Registration Platforms: Easy online business registration. c- Clear Guidelines and Support: Comprehensive guidance for startups. Reduced Regulatory Burdens: Regulatory Reforms: Simplified frameworks. Easing Compliance Requirements: Less burden on startups. a- Fast-Track Approvals: Quicker launch and scaling. Tax Incentives b- Tax Exemptions and Reductions: Reduced rates for startups. c- Investment Tax Credits: Encouraging investments. d- R&D and Geographic Tax Incentives: Promoting innovation and regional development. Financial Support: Government-Backed Venture Capital Funds a- Egypt Ventures: Co-investment model. b- Falak Startups: Seed funding and mentorship. Grants and Loans a- Innovative Projects Grants: From ITIDA. b- Startup Competitions: Grants for winners. c- SME Lending Program: Central Bank loans. d- Microfinance Initiatives: Support from NGOs. Additional Financial Initiatives NilePreneurs: Comprehensive support, equity-free funding, and tax incentives. Incubators and Accelerators Egyptian Government Initiatives a- TIEC: Office space, mentorship, and funding access. b- ITIDA: Support for tech startups. c- University Incubators Cairo University and Ain Shams University: Financial and advisory support. Private Sector and International Partnerships a- Flat6Labs b- AUC Venture Lab: Accelerators. c- UNDP and World Bank: Additional resources and support. Corporate Accelerators and Technology Hubs a- GrEEK Campus in Cairo: Innovation and collaboration hub. Conclusion:- Egypt's robust support for business incubators and startups fosters innovation, entrepreneurship, and economic stability, creating a vibrant entrepreneurial ecosystem for sustainable growth and technological advancement, best luck to all.

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Check out this video of my conversation with Tambi Jalouqa!

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Explore how Egypt's vibrant startup ecosystem thrives with support from over 160 investors, fueling 800+ deals worth US$2B! Discover the mix of global, regional, and local VC players. #EgyptStartupEcosystem #VentureCapital @LucidityInsights 🚀

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🚀 As Promised! One of the most valuable episodes for startuppers and digital entrepreneurs is here! In this episode of "BUSINESS+ Talk", we dive into the incredible journey of Ismael Belkhayat, who transformed an idea into a venture that secured $15 million in funding! 💡💰 Whether you're planning to start your entrepreneurial journey in Morocco or aim to expand internationally, this episode is packed with high-value insights and practical lessons. 🎥 Watch now and get inspired: https://lnkd.in/eM4c-TJm 💬 I’d love to hear your thoughts and takeaways from this episode. Share your feedback in the comments! #BUSINESS_Plus_Talk #Entrepreneurship #Startups #DigitalEntrepreneurs #IsmailBelkhayat #MoroccoStartups #GlobalVentures #StartupFunding #AbderrazakYousfi

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✨ Sensit.ai, the leading AI and digital transformation enablement program, designed specifically for startups and SMEs by Coworky and powered by Build Up Tunisia, is proud to announce a special training session with Mr. Nader Sami! Join us for an insightful coaching session where Mr. SAMI will delve into the transformative power of AI tools. This session is crafted to empower startups and SMEs with the knowledge and skills needed to leverage AI for innovation and growth. 🔥 Build Up Tunisia, powered by Flat6Labs Tunisia and supported by Stichting SPARK Tunisia, brings this initiative to life thanks to the financial backing of the European Union in Tunisia, as part of the "From Innovation to Creation". 💡 Uncover the potential of AI to shape the future of innovation in our rapidly evolving world. This is a unique opportunity to gain firsthand insights from an expert in the field and explore how AI can drive digital transformation in your business. 🔔 Stay tuned for more updates on this enlightening session! #Sensitai #AI #Innovation #Future #DigitalTransformation

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In #Sudan, encouraging de-risked private investments, and deploying off-grid renewable solutions will further accelerate progress while pushing economic growth and environmental resilience in a time where such solutions needed the most. Join #Connect forums and conversation and register through link below #249Startups #Sudan #Climate #Energy

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